Expanding food sales to hotels and securing profits
First written in FY2017-Q1. 1 of 10 entries say "Restated". Latest entry: FY2019-Q1.
No other company in this theme has enough history to compare yet.
- FY2019-Q1DroppedAnnual report
「As the Group's business was changed to a single reportable segment from the first quarter of the current consolidated fiscal year, segment information has been omitted. This change resulted from the succession of the Food Business to S Foods Hokkaido Co., Ltd. through an absorption-type company split.」
The transfer of the Food Business to S Foods Hokkaido Co., Ltd. was completed, and from the first quarter the reporting scope consisted solely of the Chicken Egg Business. The Food Business's operating themes of expanding sales to hotels and other customers and securing profit are no longer presented as part of the Group's current business. - FY2018Food Business results for the 7 months before the transferAnnual report
「In the Food Business, revenue was ¥1,184.557 million, mainly reflecting the impact of the closure of the processing facility at the Obihiro Sales Office in July 2017. Operating profit was ¥28.414 million, as higher expenses outweighed efforts to secure an appropriate level of profit.」
For the 7-month fiscal period, the Food Business recorded revenue of ¥1,184.557 million and operating profit of ¥28.414 million. The closure of the processing facility at the Obihiro Sales Office and higher expenses continued to explain the business performance. - FY2018-Q3Food Business: lower revenue, higher profitAnnual report
「In this segment, revenue fell 3.7% year on year to ¥510.482 million, mainly due to the closure of the processing facility at the Obihiro Sales Office in July 2017. Operating profit rose 43.6% to ¥24.704 million, reflecting efforts to secure an appropriate level of profit.」
The Food Business posted lower revenue following the closure of the processing facility at the Obihiro Sales Office, while operating profit rose 43.6% year on year due to efforts to secure an appropriate level of profit. - FY2017Full-year sales growth, lower profitAnnual report
「Although tourism businesses, including hotels, mainly in the eastern and Kamikawa regions of Hokkaido were affected by the typhoon damage that struck Hokkaido in summer 2016, higher sales of onsen eggs from the newly operational Wajitsu Liquid Egg Plant helped lift revenue to ¥2,229.732 million, up 0.9% year on year. Operating profit fell 11.1% to ¥81.555 million, as higher meat procurement prices made it difficult to secure margins.」
The Food Business posted higher revenue, driven by onsen egg sales from the Wajitsu Liquid Egg Plant, while operating profit declined due to higher meat procurement prices. - FY2018-Q1Contribution from the new plant and higher purchase pricesAnnual report
「In this segment, tourism businesses, including hotels, were affected mainly in the eastern and Kamikawa regions of Hokkaido by typhoon damage that struck Hokkaido in summer 2016. However, higher sales of hot spring eggs from the newly operational Waatsu Plant contributed to sales of ¥1,644.120 million, up 0.9% year on year. Operating profit fell 15.8% to ¥55.398 million as higher purchase prices for meat made it difficult to secure a margin.」
Sales to hotels and other customers continued to be affected by the typhoon, while sales of onsen eggs from the newly operational Wajitsu Plant contributed to higher revenue. Operating profit fell 15.8% due to higher meat procurement prices. - FY2017-Q4Decrease in operating profitAnnual report
「In this segment, tourism businesses, including hotels, continued to be affected mainly in the eastern and Kamikawa regions of Hokkaido by typhoon damage that struck Hokkaido in summer 2016, bringing sales to ¥1,098.948 million, down 0.3% year on year. Although the segment focused on securing an appropriate level of profit, operating expenses increased and operating profit fell 25.9% to ¥31.961 million.」
The impact of typhoon damage on tourism businesses, including hotels, continued, and sales declined 0.3% year on year. Operating profit had increased previously, but also declined this time, falling 25.9% due to higher expenses. - FY2017-Q3Changes in the sales environmentAnnual report
「In this segment, tourism businesses, including hotels, were affected mainly in the eastern and Kamikawa regions of Hokkaido by typhoon damage that struck Hokkaido in summer 2016, bringing sales to ¥530.296 million, down 0.6% year on year. By focusing on securing an appropriate level of profit, the segment increased operating profit 9.2% to ¥17.205 million.」
Sales to hotels and other customers declined as tourism businesses were affected by typhoon damage, while operating profit in the food business increased as the company focused on securing an appropriate level of profit. - FY2017-Q3Changes in the sales environmentAnnual report
「In this segment, tourism businesses, including hotels, were affected mainly in the eastern and Kamikawa regions of Hokkaido by typhoon damage that struck Hokkaido in summer 2016, bringing sales to ¥530.296 million, down 0.6% year on year. By focusing on securing an appropriate level of profit, the segment increased operating profit 9.2% to ¥17.205 million.」
Sales to hotels and other customers declined as tourism businesses were affected by typhoon damage, while operating profit in the food business increased as the company focused on securing an appropriate level of profit. - FY2016RestatedAnnual report
「In this segment, higher sales to hotels and other customers continued to benefit from inbound tourism, bringing sales to ¥2,210.775 million, up 4.3% year on year. Although the segment focused on securing an appropriate level of profit, operating expenses increased and operating profit fell 5.6% to ¥91.777 million.」
While sales to hotels and other customers continued to increase, operating profit in the food business declined due to higher expenses, as confirmed by the annual results. - FY2017-Q1First statedAnnual report
「In this segment, higher sales to hotels and other customers continued to benefit from inbound tourism, bringing sales to ¥1,629.008 million, up 5.4% year on year. Although the segment focused on securing an appropriate level of profit, operating expenses increased and operating profit fell 6.4% to ¥65.791 million.」
Sales to hotels and other customers increased against the backdrop of inbound tourism, while the company focused on securing an appropriate level of profit in response to higher expenses. Sales increased, but operating profit in the food business declined.